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The Jamaica Company manufactures a product in a single process. The following information is available: Beginning WIP Inventory Input Material Direct Labour Cost Incurred
The Jamaica Company manufactures a product in a single process. The following information is available: Beginning WIP Inventory Input Material Direct Labour Cost Incurred Manufacturing Overhead Incurred Units Completed & Transferred Out Ending WIP Inventory -0-Units 18,000 units valued at $213,885 $577,500 $391,875 12,000 6,000 units The units still in process are 45% complete with respect to direct materials and 35% complete with respect to conver costs. The total cost of the units completed and transferred to Finished Goods is?
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
